BP Launches Production at Raven Infills Field in Egypt
Deal News | Feb 17, 2025 | EIN
In a strategic move on the Egyptian shelf, British Petroleum (BP) has commenced production at its Raven Infills field, marking the second stage of the West Nile Delta (WND) Gas project. The project, which was completed prior to its anticipated timeline, involves connecting new underwater Raven wells to onshore infrastructure, set to produce 220 billion cubic feet of gas and 7 million barrels of condensate. Holding an 82.75% stake, BP is the operator of the project, collaborating with Harbour Energy, which holds the remaining shares. The initiative aims to amplify production capabilities and optimize infrastructure within Egypt’s domestic market, following the El King well completion, enhanced by Egyptian regulatory entities like the Ministry of Petroleum, EGPC, and EGAS.
Sectors
- Oil and Gas
- Energy Infrastructure
Geography
- Egypt – The Raven Infills field and WND Gas project are located on the Egyptian shelf, highlighting Egypt as a key country involved in this development.
- United Kingdom – BP, the leading company in this project, is headquartered in London, UK, with significant global operations.
Industry
- Oil and Gas – The article is centered around BP's oil and gas extraction activities, specifically focusing on a new stage of production in the Raven Infills field in Egypt.
- Energy Infrastructure – The development includes substantial infrastructure efforts connecting underwater wells to onshore facilities, essential for gas and condensate production.
Financials
- 220 billion cubic feet of gas and 7 million barrels of condensate – Production capacity of the second stage development at the Raven Infills field.
- 82.75% – BP's stake in the WND Gas project.
- 17.25% – Harbour Energy's stake in the Raven field.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BP Plc | Operator of the WND Gas Project | Company | A British multinational oil and gas company, leading the Raven Infills project with a majority stake. |
| Harbour Energy | Stakeholder in the Raven Field | Company | Holds a 17.25% stake in the Raven project, partnering with BP. |
| Ministry of Petroleum | Regulatory support | Government | Egypt’s governmental body overseeing petroleum and energy regulations, supporting the project development. |
| EGPC (Egyptian General Petroleum Corporation) | Regulatory support | Government | Involved in supporting regulatory frameworks for petroleum projects in Egypt. |
| EGAS (Egyptian Natural Gas Holding Company) | Regulatory support | Government | Supports the regulation and promotion of natural gas activities in Egypt. |